1638 CLEVELAND Street, Augusta, GA 30904 (MLS # 532083)

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PRICE $595,000 dsIDX morgage calculator
BEDS 12
BATHS 7
HOME SIZE 4,602 sqft
LOT SIZE 10,890 sqft

Looking for your new investment opportunity? Now available are 7 fully leased units in the Medical District in Augusta, GA. Built in 1983, this U-shaped, single-story brick apartment building has 4 units that are accessed from Cleveland Street and 3 units accessed by Gretter Lane. There is parking available in front of all units.The unit mix is 2, 1 bedroom and 1-bathroom apartments and 5, 2 bedrooms and 1-bathroom apartments. Each apartment is separately metered for electricity and water, allowing tenants to pay for all their own utilities which is great for landlords and owners. Updates have been made to the units over the past couple of years, like new paint, LVT or new carpet, updated appliances in some units and more. Other amenities in each unit include, eat-in kitchen, dishwasher, garbage disposal and multiple closets throughout the apartment. All tenants are in a current lease but investors can continue to add value and upgrades to units with adding washer and dryer connections to allow for higher rents, either with Section 8 housing or using as student housing due to close proximity to Paine College or medical schools. Now is your chance to own this prime location off Walton Way and located close to the Medical District, as this area continues to change and grow.

DAYS ON MARKET 44 LAST UPDATED 8/28/2024
TRACT None-1ri YEAR BUILT 1983
COMMUNITY Richmond (1RI) COUNTY Richmond
STATUS Pending PROPERTY TYPE(S) Multi Family

SCHOOLS
Elementary School Lamar-Milledge
Jr. High School Hornsby WS
High School Lucy Laney


ADDITIONAL DETAILS
AREA Richmond (1RI)
CONSTRUCTION Brick
LOT 0.25 acre(s)
LOT DIMENSIONS 134' x 80'
SEWER Public Sewer
SUBDIVISION None-1ri
TAXES 4366.15
WATER Public
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TOTAL MONTHLY PAYMENT

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Listed with Meybohm Commercial Properties

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Last Updated: 9/7/24 5:34 PM PDT

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